Waste Connections, Inc. (TSE:WCN) Stock Has Consensus Target Price of C$200.00

Shares of Waste Connections, Inc. (TSE:WCN) have earned an average recommendation of “Strong Buy” from the six analysts that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a buy rating and five have given a strong buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is C$200.00.

Separately, UBS Group raised shares of Waste Connections from a “hold” rating to a “buy” rating and set a C$200.00 target price on the stock in a report on Friday, September 18th.

Waste Connections Stock Up 1.8%

Shares of WCN stock opened at C$238.15 on Wednesday. The company has a market capitalization of C$60.03 billion, a price-to-earnings ratio of 57.52, a PEG ratio of 2.22 and a beta of 0.47. Waste Connections has a one year low of C$203.46 and a one year high of C$251.45. The company’s fifty day moving average price is C$225.23 and its 200-day moving average price is C$225.21. The company has a debt-to-equity ratio of 121.68, a current ratio of 0.66 and a quick ratio of 0.74.

Insiders Place Their Bets

In other news, insider Robert Andres Nielsen sold 300 shares of the business’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of C$242.93, for a total value of C$72,879.00. Following the sale, the insider directly owned 3,950 shares in the company, valued at C$959,573.50. The trade was a 7.06% decrease in their position. Corporate insiders own 0.21% of the company’s stock.

Waste Connections Company Profile

Waste Connections ( wasteconnections.com ) is an integrated solid waste services company that provides non-hazardous waste collection, transfer and disposal services, including by rail, along with resource recovery primarily through recycling and renewable fuels generation. The Company serves approximately nine million residential, commercial and industrial customers in mostly exclusive and secondary markets across 46 states in the U.S. and six provinces in Canada. Waste Connections also provides non-hazardous oilfield waste treatment, recovery and disposal services in several basins across the U.S.